Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
51 JAY Street #3M

For Sale · Listing by Brown Harris Stevens Brooklyn LLC

51 JAY Street #3M

DUMBO, Brooklyn

$1,879,000

Interested in this property?
Active For Sale • Condo

$1,879,000

$1,347 per sq ft

51 JAY Street #3M

DUMBO, Brooklyn

51 Jay Street Condo

MLS® #RLS20120858

RLS at REBNY

Listing by Brown Harris Stevens Brooklyn LLC

2
Bedrooms
2.5
Baths
1,395
Sq. Ft.
1905
Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,395 sq ft
Year Built 1905
Ownership Condo
HOA/Common Charges $1,799/mo
Property Taxes Contact for details
Neighborhood DUMBO
Floor 3 of 6

Property Highlights

  • Views: City, Skyline
  • Exposure: East facing
  • Climate Control: Varies By Unit

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 3 of 6
View City, Skyline
Exposure East
Cooling Varies By Unit
Pets Yes
Year Built 1905
Living Area 1,395 sq ft
Structure Type HighRise
Basement Other
Parcel # 00031-1436
Block/Lot 00031/1436

Listing History

Event Date Price Change
Listed Oct 14, 2026 $1,879,000 -
Currently Oct 15, 2026 $1,879,000 -

Description

Exceptional DUMBO Loft This stunning loft at 51 Jay seamlessly blends sophisticated design, exceptional craftsmanship, and a thoughtfully designed layout, creating an ideal setting for elegant entertaining and effortless everyday living. Walls of windows flood the home with natural light, beautifully complementing the oak herringbone floors and bespoke finishes throughout. The oversized chef's kitchen is a standout, featuring exquisite La Rochelle Gris marble slab countertops, custom Aster Cucine cabinetry, and premium Gaggenau appliances. The luxurious primary bathroom offers a lacquered dark-brown vanity with refined copper detailing, elegant marble flooring, and a glass-enclosed wet room complete with both a walk-in shower and a separate soaking tub. Generous customized closet space provides exceptional storage, while a separate laundry room with a new Bosch washer and dryer adds everyday convenience. A large private storage cage is also included. An exceptional collection of boutique condominium amenities complements the residence. The attended lobby showcases polished concrete floors alongside historic and original architectural details. The expansive rooftop terrace offers multiple spaces for entertaining and relaxation, including a fully equipped outdoor kitchen. Additional amenities include a fitness center, residents' lounge, children's playroom, bicycle storage, and a dedicated pet-washing station. Tax Benefit: A 421-a tax abatement is currently in place through 2032. Also, there is a special assessment in effect from October 2026 through May 2027. Ideally situated in the heart of DUMBO, the residence is moments from the neighborhood's iconic cobblestone streets, eclectic boutiques, art galleries, and the breathtaking waterfront landscapes of Brooklyn Bridge Park. Transportation is convenient, with access to the A, C, and F subway lines, as well as the New York City East River Ferry and Water Taxi.

Features & Amenities

Interior Features

High Ceilings Building Other

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Cold Storage Common Playroom Concierge Kitchen Facilities

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $1,799/mo
RE Taxes Contact for details

DUMBO (Down Under the Manhattan Bridge Overpass) sits between the Brooklyn and Manhattan Bridges along the East River waterfront, with a 95-building historic district of converted industrial warehouses. The housing market features spacious loft residences with exposed brick and high ceilings alongside modern luxury condominiums with skyline and waterfront views, served by the F train at York Street and the A and C at High Street. Brooklyn Bridge Park stretches along the waterfront with piers, playgrounds, and Jane's Carousel.

DUMBO Live Market Data

View Neighborhood

Active Listings

27

Median Asking Price

$1.88M

Median $/Sqft

$1,396

Avg Days on Market

N/A

New This Week

1

Price Reduced

30%

Sold (30 Days)

0

Median Sale Price

$1.04M

Live data from RLS at REBNY • Updated 10/15/26, 2:52 AM EST

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Location

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51 JAY Street #3M, DUMBO, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1905
Year Built
121 years old
7
Floors
76
Residential Units
M1-4/R8A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $20,997,453
Land Value: $613,352
Exemptions: $8,354,561

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 27,250 SF
Building Area: 112,739 SF
Built FAR: 4.14
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,799 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,395 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1905, making it approximately 121 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $1,879,000 for 1,395 sq ft, the asking price per square foot is approximately $1,347. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20120858
First Listed: 10/14/2026
On Market: 10/14/2026
Price Changed: 10/14/2026
Contract Date: 10/14/2026

Listing Courtesy of Brown Harris Stevens Brooklyn LLC - Terrence LeRay

Listing Contact: (718) 613-2057

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/15/2026 at 6:52 AM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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DUMBO Market Update

0 sales last 30 days · $1.88M median · N/A supply

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New listings in this building

Quick Facts

Status Active Type Condo Neighborhood DUMBO Borough Brooklyn
County Kings
Floor 3 of 6
Year Built 1905
First Listed 10/14/2026
Living Area 1,395 sqft
Common Charges $1,799/mo

Monthly Costs Estimate

Down Payment 20%

$375,800

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $1,799
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$18,790

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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